RichWave Technology (Taiwan) Price on October 21, 2024
| 4968 Stock | TWD 190.50 6.00 3.25% |
If you're considering investing in RichWave Stock, it is important to understand the factors that can impact its price. As of today, the current price of RichWave Technology stands at 190.50, as last reported on the 24th of November, with the highest price reaching 192.50 and the lowest price hitting 183.50 during the day. At this stage we consider RichWave Stock to be very steady. RichWave Technology Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0411, which implies the firm had a 0.0411% return per unit of risk over the last 3 months. We have found thirty technical indicators for RichWave Technology Corp, which you can use to evaluate the volatility of the company. Please check RichWave Technology's Semi Deviation of 2.9, coefficient of variation of 2398.08, and Risk Adjusted Performance of 0.0398 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
RichWave Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
RichWave |
Sharpe Ratio = 0.0411
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| Cash | Small Risk | Average Risk | 4968 | Huge Risk |
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Estimated Market Risk
| 3.5 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average RichWave Technology is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of RichWave Technology by adding it to a well-diversified portfolio.
RichWave Technology Valuation on October 21, 2024
It is possible to determine the worth of RichWave Technology on a given historical date. On October 21, 2024 RichWave was worth 180.5 at the beginning of the trading date compared to the closed value of 189.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RichWave Technology stock. Still, in general, we apply an absolute valuation method to find RichWave Technology's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of RichWave Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RichWave Technology's related companies.
| Open | High | Low | Close | Volume | |
| 193.00 | 194.50 | 178.50 | 179.50 | 3,767,391 | |
10/21/2024 | 180.50 | 191.50 | 180.00 | 189.00 | 3,105,640 |
| 188.00 | 189.00 | 183.00 | 183.50 | 1,719,284 |
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RichWave Technology Trading Date Momentum on October 21, 2024
| On October 22 2024 RichWave Technology Corp was traded for 183.50 at the closing time. The highest price during the trading period was 189.00 and the lowest recorded bid was listed for 183.00 . The volume for the day was 1.7 M. This history from October 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.91% . The trading delta at closing time to the current price is 10.85% . |
RichWave Technology Corp Fundamentals Correlations and Trends
By evaluating RichWave Technology's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among RichWave Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RichWave financial account trend analysis is a perfect complement when working with valuation or volatility modules.About RichWave Technology Stock history
RichWave Technology investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for RichWave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RichWave Technology Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing RichWave Technology stock prices may prove useful in developing a viable investing in RichWave Technology
RichWave Technology Corporation designs, develops, and sells radio frequency integrated circuits in Taiwan. RichWave Technology Corporation was founded in 2004 and is headquartered in Taipei City, Taiwan. RICHWAVE TECHNOLOGY operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.
RichWave Technology Stock Technical Analysis
RichWave Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
RichWave Technology Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
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RichWave Technology November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how RichWave Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RichWave Technology shares will generate the highest return on investment. By undertsting and applying RichWave Technology stock market strength indicators, traders can identify RichWave Technology Corp entry and exit signals to maximize returns
RichWave Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RichWave Technology's price direction in advance. Along with the technical and fundamental analysis of RichWave Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RichWave to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0398 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.0038 | |||
| Treynor Ratio | 0.1054 |
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Additional Tools for RichWave Stock Analysis
When running RichWave Technology's price analysis, check to measure RichWave Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RichWave Technology is operating at the current time. Most of RichWave Technology's value examination focuses on studying past and present price action to predict the probability of RichWave Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RichWave Technology's price. Additionally, you may evaluate how the addition of RichWave Technology to your portfolios can decrease your overall portfolio volatility.